From: Charles Tillotson [c.tillotson@verizon.net]
Sent: Monday, March 29, 2004 9:40 PM
To: rule-comments@sec.gov
Subject: S7-19-03

It is time to do the right thing.  Stop being a spineless deaf and 
blind clique.  If the SEC were awake and had half the balls of Spitzer 
we wouldn't be facing so many corruption cases.  Beef up this weak 
proposal and do something for a change for the investors who own these 
crooked cabals but are stymied from being able to fix the problems.  
Get rid of the phony triggering event.  Investors should have the right 
to nominate directors period.  Directors should have to have a stake in 
proper governance by being required to purchase with their own money 
(not be granted) more than a token amount of company stock.

One who has been burned by your laxity.
Charles Tillotson